“In an economic downturn it’s common to see organizations hunker down and focus on cost-cutting and operational efficiency. Unfortunately this is often at the expense of forward-thinking strategic planning."
Plano, TX (PRWEB) April 28, 2010
As a growing number of indicators point to economic recovery, Texas-based corporate consulting firm, Method Frameworks, is seeing a renewed focus on corporate strategic planning among U.S. corporations. As evidence, demand for the company’s consulting services resulted in a 13% jump in Q4 2009 revenue and a nearly 30% increase in the first quarter of 2010. Just this past month, the company signed four new contracts for planning services.
Unlike the past several years where the sinking economy forced many companies to put plans on hold in favor of protecting assets, cutting costs, and “waiting out” the economic downturn, Method Frameworks contends that the current growth of its business is evidence that corporations are re-starting their strategic engines and getting back to a more typical strategic planning process.
Method Frameworks defines corporate strategic planning as a blend of enterprise goal setting, supporting the mission and vision of the organization, and operational planning that links strategy to execution. Although it can be detrimental to do so, during times of uncertainty such as the recent recession, some organizations opt to slow down on their strategy. In such cases, defined strategic goals may be put on hold or altogether abandoned in an effort to simply “stay afloat.”
President of Method Frameworks, Joe Evans, explains, “In an economic downturn it’s common to see organizations hunker down and focus on cost-cutting and operational efficiency. Unfortunately this is often at the expense of forward-thinking strategic planning. This past quarter, we have noticed a significant increase in interest among U.S. corporations for our strategic planning services and I’m guessing we’re not the only consulting firm to find itself back in demand.”
As confidence in the economy grows, the company says corporations tend to get back to the business of planning. When this happens, corporate consulting firms thrive as demand for experienced planners increases.
About Method Frameworks:
Method Frameworks is a corporate strategic planning and consulting firm based in Plano, Texas. The company serves some of the nation’s largest corporations with its proprietary outcomes-based strategic planning process, called Plan4SM. The company offers a range of planning services for corporate, business unit, operations, project, and technology needs and specializes in the financial services, manufacturing, airlines, transportation, healthcare, insurance, technology, and services industries. Through its signature Plan4SM planning process, the company promises optimized executable plans to achieve organizational goals.